Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Like China and India, Southeast Asian countries have increased their exploration and production for oil and gas, partly because of energy needs and partly because of the lure of big profits. World Oil researched the latest oil E&P activities in the region and summarized the big trends. Here’s a look.
Vietnam is increasing E&P to raise national revenues, to offset heavy gasoline imports, and to reverse an 8.3% decline in oil production that began in 2007. And as World Oil reported in January 2008, Hanoi is headed into deep water to raise production, but in 2007 and ’08, the energy majors and scores of small to mid-sized companies flocked to Vietnam to begin squeezing all they can from its shallows and river deltas.
Says John Vautrain of energy consultants Purvin & Gertz in Singapore, “The majors have pretty much pulled out of Southeast Asia. Sure, they’re still there and producing and doing some E&P, but it’s much more ‘little guy territory’ now.”
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Kuala Lumpur - March 25-28
The Woodlands, TX - April 1-3
Houston, TX - April 6-9
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.